AI That Builds Itself October 15, 2026October 15, 2026 But first . . . HYMC Tuesday they announced Hycroft Drills New Best Hole Ever and the stock — down from its high of $51 in January to $17 Monday (though up from $2.20 where some of us bought it) — dropped another dollar. Who knows why. “Buy on the rumor, sell on the news” perhaps? Those of us who sold calls against our shares (for example, the $14.50 we got for giving someone the right to pay us $25 for our shares, let alone the $27 some of us got for giving someone the right to buy our shares for $60), have a very nice profit baked in even if the stock drops to zero. But I’m betting that it won’t. (I’m buying back the $25 calls for a large tax-deferred profit in my IRA, thinking I might sell them again, at a much higher price, if the stock rebounds.) Here’s an assessment published last month before the encouraging drilling results were released: Is Hycroft’s (HYMC) New Look Hiding a Bigger Story Underground? (And here’s another.) I’m not suggesting you buy HYMC here; but if like me you already own it with money you can truly afford to lose, I wouldn’t sell, either. SATURDAY! Where will YOU be? Click and scroll down to find a rally near you. MONDAY! “Meet” Adam Hamilton for free . . . though I suspect you may be inspired to chip in once you do. I’m betting he will be the next junior senator from the great state of Kansas. ANOTHER BILLBOARD And now . . . OH, BROTHER Matt Shumer: “AI that builds AI could come sooner than expected.” Jack Clark, a co-founder of Anthropic, now thinks AI that can build its own successor is more likely to arrive in 2027 than 2028. I’ve followed Jack for years, and I think he’s right. If anything, he might be understating it. You think AI is improving quickly now? Just wait… this is going to accelerate things even further. Which is why Tuesday’s episode of “The Daily” is such a poignant must-listen: When A.I. Comes for Your Purpose in Life. So listen. The human species urgently needs exceptionally smart, thoughtful leaders as we invent a species superior to our own . . . . . . and would until two years ago have been looking to the United States for much of that leadership. The billboard above could just as well have substituted “American competence” or “American leadership” for “the American Dream.” The last line works either way.